Updated Apr 9, 2026
Angel City Football Club Expands Lease At Media Park Santa Monica For 14,361 Square Feet
3211 Olympic Boulevard & 1855 Centinela Avenue
Building Size
14,361 SF
Asset Type
Office
Closing
Apr 7, 2026
About this deal
AI
The asset involved in the transaction is an office space located at 3211 Olympic Boulevard & 1855 Centinela Avenue in the Santa Monica market. The property has a total square footage of 14,361 and is characterized by features such as 22-foot ceilings and large private outdoor areas. The layout is designed with a focus on collaboration, catering to the tenant's demand for a hospitality-driven, non-corporate office environment.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Term: 65-month
- Landlord: Vista Investment Group
- Tenant: Angel City Football Club
- Landlord's Representative: Mitch Stokes - Avison Young; Joe King - Madison Partners
- Tenant's Representative: Phillip Ruhl & John Zanetos - CBRE
The lease renewal was announced by Avison Young, reaffirming Angel City Football Club's commitment to a long-term tenure at Media Park Santa Monica, a 100,000-square-foot creative office campus. This lease reflects the growing trend towards flexible work environments that support collaborative and innovative work culture.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93